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Payment Processing with Oracle Payments: What’s New in Oracle E-Business Suite Release 12

Victoria AndersonManager, Payment Product Mangement

• Purpose:This document provides an overview of features and enhancements included in Release 12. It is intended solely to help you assess the business benefits of upgrading to Release 12.

•Disclaimer:This document in any form, software or printed matter, contains proprietary information that is the exclusive property of Oracle. Your access to and use of this confidential material is subject to the terms and conditions of your Oracle Software License and Service Agreement, which has been executed and with which you agree to comply. This document and information contained herein may not be disclosed, copied, reproduced or distributed to anyone outside Oracle without prior written consent of Oracle. This document is not part of your license agreement nor can it be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. This document is for informational purposes only and is intended solely to assist you in planning for the implementation and upgrade of the product features described. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described in this document remains at the sole discretion of Oracle.


Agenda

• What is Oracle Payments?• Disbursements

• Key Disbursement Enhancements• The Integrated Disbursement Process

• Oracle Payments Demo• Funds Capture

• Key Funds Capture Enhancements• The Integrated Funds Capture Process

• Q&A

Question for Audience What release are you on?

Release 12• Thinking about it• Implementing it• Already there

Of those not live on R12• Release 11.5.9 or earlier• Release 11.5.10• Something else


What is Oracle Payments?

Payment Processing in Release 11i

Credit Card Payments

Oracle Receivables

Oracle Global Financials

OracleiPayment

OraclePayables

EFTPayments

EFTPayments

DirectDebits

DirectDebits

DirectDebits

CheckPrinting

CheckPrinting

Bills ReceivableRemittances



Oracle Payments

Payment Processing in Release 12

Order-to-Cash ProductsReceivables, iStore, Order Management, Collections, Contracts…

Procure-to-Pay ProductsPayables, Federal Payables, Global Financials, Loans…

One payment processing solution leveraged by multiple products

DirectDebits

CheckPrinting


EFTPayments

Credit Card Payments

Oracle Payments:

Oracle Payments is a central engine to disburse and capture payments. For

electronic payments, it connects Oracle EBS products like Receivables and

Payables to financial institutions like banks and credit card processors.

Release 12


Disbursements

Key Disbursement Enhancements Payment Formats

• Out-of-the-box Content- Rich library of seeded electronic formats

• Intuitive Toolset for Making Changes- Integration with XML Publisher makes it easy for business

user to create or modify formats in any word editor

- Special capabilities of XML Publisher eText allows user-intuitive manipulation of electronic formats

Key Disbursement Enhancements Payment Formats

Key formats supported out of the box include:• SWIFT MT 103• ANSI X12 820• EDIFACT PAYMUL• NACHA

• NACHA CTX• NACHA CCD• NACHA CCDP• NACHA PPD

Key Disbursement Enhancements Payment Formats (eText)

Key Disbursement Enhancements Configurable Validation Rules and Processes

• Rich library of country- and format-specific validations usable out of the box

• Highly configurable framework• WHAT: Define new validations rules• WHEN: Set timing of validations• HOW: Set how errors should be handled

Invoice Entry

Invoice Selection

Payment Build

File Creation Formatting Transmission


• Validate upstream or downstream

Configurable validations

Invoice Entry

Invoice Selection

Payment Build

File Creation Formatting Transmission


• Validate upstream or downstream

Configurable validations

Timing

Invoice Entry

User-Defined

Validations

Pre-Defined Library

Payment Build

Batch

Payment

Invoice

Object Validation Rules

Configurable Validations

Key Disbursement Enhancements Electronic Transmission

• Set up configurations based on standard protocols• Manually or automatically initiate the transmission of

the payment file

• Protocols supported out of the box• FTP• Secure FTP• HTTP• HTTPs• AS/2

Key Disbursement Enhancements Enhanced Process

• Separate out user needs – During selection of invoices to be paid, Payables user wants to focus on financial benefit such as cash flow and discounts, not payment method

• Invoice selection is now agnostic of payment method

• Oracle Payments groups invoices into payments within the group selected invoices, and then groups payments into payment files based on hard-coded and user rules (without being confined to the selection group).

Key Disbursement Enhancements Enhanced Process

Payment Instruction 3



Payment ProcessRequest B

Payment ProcessRequest A

Payment ProcessRequest B

Payment ProcessRequest A

Pool of documents payable in source product

Pay to $

Payment 104

Pay to $

Payment 102

Pay to $

Payment 101

Pay to $

Payment 103

So

urc

e P

rod

uct S

elec

tion

Pro

cess

Pa

yme

nt B

uild

Pro

gra

m

Pa

yme

nt

Inst

ruct

ion

Cre

atio

n P

rog

ram

Invoice 6

Invoice 5Invoice 3Invoice 4Invoice 2

Invoice 1

Invoice 4

Invoice 1

Invoice 6

Invoice 5Invoice 3

Invoice 2

Pay to $

Payment 104

Docs payable selected by source product and sent to Oracle

Payments in a payment process request

Documents payable within a payment process

request built into payments per user-defined and hard-coded rules

Payments grouped into payment instructions per user-defined and

hard-coded rules

Pay to $

Payment 101

Pay to $

Payment 103

Pay to $

Payment 102

Key Disbursement Enhancements Process Visibility Though New Dashboard

Supports different business models :• Centralized AP and Payments

• Decentralized AP and centralized Payments

• Decentralized AP and decentralized Payments

Guides the user with smart Take Action icon

Key Disbursement Enhancements Process Visibility Though New Dashboard

The Integrated Disbursement Solution Flexible and Powerful

PaymentRequestPaymentRequest

ValidationsValidations AggregationAggregation FormattingFormatting

• Detailed validations canbe configured tobe performed upstream or downstream

• Rule-basedaggregationof paymentinstruction

• XML based formattingframework

TransmissionTransmission

• Rich out-of-the-box content andextensible framework

• End-to-end process from entry of the document payable to printing or electronic transmission can be automated

• Configurable validations and exception handling can be tailored to any business process or country requirement

• Sophisticated defaulting of payment methods on to documents payable

Release 11i Disbursement Process Oracle Payables

Payment file contains exactly the payments that were selected, so selection has to be done based on payment method, currency, and operating unit

Payment

FilePayment Build

Select Invoices

Oracle Payables

User

Release 12 Disbursement Process Oracle Payments

End product is minimum number of files needed for unique processing needs

Pool of Built

Payments

PaymentBuild

Select Invoices

PayablesUser 1

SelectionBatch 1

PaymentBuild

Select Invoices

PayablesUser 1

SelectionBatch 1

PaymentInstruction

PaymentInstruction

TransmitPayments

PrintPayments

PaymentInstruction

Creation

Release 12 Disbursement Process Impacted Applications

Significant impact• Oracle Payables• Global Financials

Minor impact• Oracle Cash Management (new Bank Transfer feature)• Oracle Receivables (new Customer Refund feature)• Oracle Loans (new payment method setup)

Any product that pushes disbursements through Oracle Payables is taking advantage of the richness of Oracle Payments functionality

Oracle Payroll is the exception to the central disbursement engine


Oracle Payments Demo

Straight-Through Processing

System Settings

USDCheck

Electronic

EUR

Check US Standard

Cheque EUR Laser

EUR

USD SWIFT MT103

FTP

Payment Method Currency

Check


• First Level Bullet


Funds Capture

Key Funds Capture Enhancements Configurability

• Funds Capture Process Profile is the focal point of configurability

Transaction Attributes:

Operating Unit

Payment Method

Routing Rule Conditions

Process Attributes:

Authorization Format

Settlement Format

Acknowledgement Format

Settlement Grouping

Settlement Batch Limits

Transmission Configuration

External Reporting

Funds Capture

Process Profile(via Payee’s Routing Rules)

Key Funds Capture Enhancements Process Visibility Though New Dashboard

Significant impact• Oracle Payables

The Integrated Funds Capture Solution

Flexible and Streamlined

RequestRequest SettlementSettlement AcknowledgementAcknowledgement

• Upstream products call Payments to authorize transaction with third party payment system

• Routing rules drive how the transaction will be processed and which third party payment system will be used

• End-to-end process from authorization through settlement and acknowledgement can be automated

• Handles credit and debit card captures and electronic bank transfers from multiple calling products in EBS

• Payments automatically queries payment system for acknowledgement of transaction success

Authorization

• Payments calls payment system in individual or batch mode to request settlement

R12 Funds Capture Process Supporting Straight Through Processing

• Configurability to support diverse business models and regional needs without customization; enables global processes

• Automation to streamline process and save costs through electronic straight through processing

• Integration with XML Publisher to shift implementation and maintenance of payment formats from technical to business user

• Single repository of external-party payment instruments (bank account and credit/debit card numbers) with masking and encryption aids deploying company in security and compliance issues

R12 Funds Capture Process Payment Systems

• There are adaptors available for the following payment systems but adaptors can be created for and by any company.

Paymentech– Credit Card– Purchase Card Level 3– PINless Debit Card– US ACH, including Online

Account Validation

First Data (North Platform)– Credit Card– Purchase Card Level 2

Concord EFSnet– Credit Card– Purchase Card Level 3– PINless Debit Card– US ACH, including Online

Account Validation

VeriSign– Credit Card– Purchase Card Level 2

Wells Fargo– Credit Card– Purchase Card Level 2– US ACH

CyberSource– Credit Card– Purchase Card Level 2

For More Information

http://search.oracle.com

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or

http://www.oracle.com/

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions.The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.